{"schema_version":"secwatch.filing_event.v1","accession":"0000027419-23-000023","form_type":"8-K","ticker":"TGT","cik":"0000027419","company_name":"TARGET CORP","filed_at":"2023-05-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.691174+00:00","generated_at":"2026-06-14T22:42:02.667243+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Target Q1 adjusted EPS $2.05 (down 6%) on flat comps; guides Q2 EPS $1.30-$1.70","bullets":["GAAP/Adjusted EPS $2.05 (down 4.8%/6.2% YoY); revenue $25.3B (+0.6%) with flat comparable sales.","Operating income $1.3B (down 1.4%); operating margin 5.2% vs 5.3% last year; gross margin improved to 26.3%.","Inventory down 16% YoY; expects shrink to reduce profitability by >$500M vs last year due to theft.","Q2 guidance: GAAP/Adjusted EPS $1.30-$1.70, centered on low-single-digit decline in comparable sales.","Full-year guidance maintained: EPS $7.75-$8.75; dividend raised 20% per share; no stock buybacks in Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0000027419-23-000023","json":"https://secwatch.observer/filing/0000027419-23-000023.json","markdown":"https://secwatch.observer/filing/0000027419-23-000023.md","text":"https://secwatch.observer/filing/0000027419-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/27419/000002741923000023/0000027419-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/27419/000002741923000023/tgt-20230517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T22:42:02.667243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6eacd465eff85adf945a28d0e5c8c256df17a56d","claim":"TARGET CORP reported first quarter 2023 (three months ended April 29, 2023) results: revenue $25.3 billion, EPS $2.05. Guidance reaffirmed.","evidence_excerpt":"sales were flat to last year in the first quarter, reflecting comparable store sales growth of 0.7 percent and comparable digital sales down (3.4) percent. Total revenue of $25.3 billion grew 0.6 percent compared with last year, reflecting total sales growth of 0.5 percent and a 10.2 percent increase in other revenue. Operating income of $1.3 billion in first","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/27419/000002741923000023/0000027419-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023 (three months ended April 29, 2023)"},{"label":"Revenue","value":"$25.3 billion"},{"label":"EPS","value":"$2.05"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}